“This report estimates the global converter transformer market in terms of value in USD million. This has been broken down into regions, and further split into countries.
Increased focus on renewable energy generation has been a key trend in the global power industry scenario. Countries are progressively investing into renewable power projects to ensure sustainable increase in their unconventional power generation capabilities thereby reducing the dependence on fossil fuels. Integration of these upcoming renewable power projects as well as the existing ones into the existing grid is key factor contributing to the growth of converter transformer market.
The size of the overall market has been determined by forecast techniques, based on region-wise investments on HVDC transmission projects. The market is expected to grow at a very high CAGR of approximately 18.2% from 2015 to 2020.
The report provides a full analysis of key companies and competitive analysis of developments recorded in the industry during the past four years. Market drivers, restraints, and opportunities of the market have been discussed in detail. The leading players of the market such as ABB Ltd. (Switzerland), General Electric (U.S.), Siemens (Germany), and Crompton Greaves (India) have been profiled in this report.
Scope of the report: This study estimates the global converter transformer market in terms of application, voltage level, configuration, power rating and region till 2020. It also offers a detailed qualitative and quantitative analysis of this market. This report provides a comprehensive review of the major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues of the market. It also covers various important aspects of the market. These include analysis of value chain, Porter’s Five Forces model, competitive landscape, market dynamics, market estimates in terms of value, and future trends in the converter transformer market.
Various secondary sources such as encyclopedias, directories, and databases have been used to identify and collect information that was useful for this extensive commercial study of the global converter transformer market. Primary sources, experts, manufacturers, and service providers from the industry have been interviewed to obtain and verify critical information as well as assess future prospects of the global power metering market.
On the basis of application: Windfarms, Oil & gas, and Grid interconnections
On the basis of configuration: Back-to-Back, Monopolar, Bipolar, and Multi-terminal
On the basis of voltage level: Up to 200kV, 201-400kV, 401-600kV, 601-800kV, and 800+kV
On the basis of power rating: Below 500MW, 501-999MW, 1000-2000MW and Above 2000MW
On the basis of region: Americas, Europe, and Asia-Pacific
”
“TABLE OF CONTENTS
1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKETS COVERED 13
1.3.1 MARKETS COVERED: CONVERTER TRANSFORMER MARKET 14
1.3.2 YEARS CONSIDERED FOR THE STUDY 14
1.4 CURRENCY 14
1.5 LIMITATIONS 15
1.6 STAKEHOLDERS 15
2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.1.1 Key data from secondary sources 17
2.1.2 PRIMARY DATA 18
2.1.2.1 Key data from primary sources 18
2.1.2.2 Breakdown of primary interviews 19
2.2 MARKET SIZE ESTIMATION 20
2.2.1.1 Top-down approach 20
2.2.1.2 Bottom-up approach 21
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 22
2.4 ASSUMPTIONS 23
3 EXECUTIVE SUMMARY 24
4 PREMIUM INSIGHTS 29
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE CONVERTER TRANSFORMER MARKET 29
4.2 CONVERTER TRANSFORMER MARKET, BY CONFIGURATION 30
4.3 CONVERTER TRANSFORMER MARKET, BY REGION 31
4.4 CONVERTER TRANSFORMER MARKET, BY POWER RATING 32
4.5 CONVERTER TRANSFORMER MARKET, BY APPLICATION 33
5 MARKET OVERVIEW 34
5.1 INTRODUCTION 35
5.2 CONVERTER TRANSFORMER MARKET SEGMENTATION 35
5.2.1 BY POWER RATING 36
5.2.2 BY CONFIGURATION 36
5.2.3 BY VOLTAGE LEVEL 36
5.2.4 BY APPLICATION 37
5.2.5 BY REGION 37
5.3 MARKET DYNAMICS 38
5.3.1 DRIVERS 39
5.3.1.1 Demand for efficient transmission solutions 39
5.3.1.2 Need for integration of grid infrastructure 39
5.3.1.3 Rising government investments 39
5.3.2 RESTRAINTS 40
5.3.2.1 High capital requirements 40
5.3.2.2 Absence of standardization 41
5.3.3 OPPORTUNITIES 41
5.3.3.1 Rapid increase in offshore wind farms 41
5.3.3.2 Rising environmental concern towards high power transmission 42
5.3.4 CHALLENGES 42
5.3.4.1 Lengthy approval procedures for HVDC projects 42
5.3.5 IMPACT ANALYSIS OF MARKET DYNAMICS 43
6 INDUSTRY TRENDS 44
6.1 INTRODUCTION 44
6.2 SUPPLY CHAIN ANALYSIS 44
6.3 PORTER’S FIVE FORCES ANALYSIS 45
6.3.1 THREAT OF NEW ENTRANTS 45
6.3.2 THREAT OF SUBSTITUTES 46
6.3.3 BARGAINING POWER OF SUPPLIERS 46
6.3.4 BARGAINING POWER OF BUYERS 46
6.3.5 DEGREE OF COMPETITION 47
7 GLOBAL CONVERTER TRANSFORMER MARKET, BY CONFIGURATION 48
7.1 INTRODUCTION 49
7.2 MONOPOLAR 50
7.3 BACK-TO-BACK 52
7.4 BIPOLAR 54
7.5 MULTI-TERMINAL 56
8 GLOBAL CONVERTER TRANSFORMER MARKET, BY POWER RATING 58
8.1 INTRODUCTION 59
8.2 BELOW 500 MW 60
8.3 501 MW–999 MW 62
8.4 1000 MW–2000 MW 64
8.5 ABOVE 2000 MW 66
9 CONVERTER TRANSFORMER MARKET, BY VOLTAGE LEVEL 68
9.1 INTRODUCTION 69
9.2 201-400 KV 70
9.3 401-600 KV 71
9.4 601-800 KV 71
10 CONVERTER TRANSFORMER MARKET, BY APPLICATION 73
10.1 INTRODUCTION 74
10.2 WINDFARMS 75
10.3 OIL & GAS 76
10.4 GRID CONNECTIONS 78
11 CONVERTER TRANSFORMER MARKET, BY REGION 80
11.1 INTRODUCTION 81
11.2 AMERICAS 83
11.3 ASIA-PACIFIC 86
11.4 EUROPE 89
12 COMPETITIVE LANDSCAPE 92
12.1 OVERVIEW 93
12.2 ANALYSIS OF MARKET DEVELOPMENTS 94
12.3 COMPETITIVE SITUATION & TRENDS 95
12.4 CONTRACTS & AGREEMENTS 96
12.5 NEW PRODUCT DEVELOPMENTS 98
12.6 MERGERS & ACQUISITIONS 99
12.7 OTHER DEVELOPMENTS 100
13 COMPANY PROFILES 101
13.1 INTRODUCTION 101
13.2 ABB LTD. 102
13.3 GENERAL ELECTRIC 106
13.4 TEBIAN ELECTRIC APPARATUS STOCK COMPANY LTD. 109
13.5 SIEMENS AG 110
13.6 CROMPTON GREAVES LTD. 113
13.7 BHARAT HEAVY ELECTRICALS LIMITED 116
13.8 TOSHIBA 118
13.9 KIRLOSKAR ELECTRIC COMPANY LIMITED 120
13.10 SHADONG POWER EQUIPMENT COMPANY LIMITED 122
13.11 XIAN XD TRANSFORMER CO. LTD 123
14 APPENDIX 124
14.1 INSIGHTS OF INDUSTRY EXPERTS 124
14.2 DISCUSSION GUIDE 125
14.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 127
14.4 AVAILABLE CUSTOMIZATIONS 127
14.5 RELATED REPORTS 128
“
“LIST OF TABLES
TABLE 1 CONVERTER TRANSFORMER MARKET SIZE, BY CONFIGURATION,
2013–2020 (USD MILLION) 49
TABLE 2 MONOPOLAR: CONVERTER TRANSFORMER MARKET SIZE, BY POWER RATING, 2013–2020(USD MILLION) 50
TABLE 3 MONOPOLAR: CONVERTER TRANSFORMER MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 51
TABLE 4 MONOPOLAR: CONVERTER TRANSFORMER MARKET SIZE, BY APPLICATION,
2013–2020 (USD MILLION) 51
TABLE 5 MONOPOLAR: CONVERTER TRANSFORMER MARKET SIZE, BY TECHNOLOGY,
2013–2020 (USD MILLION) 51
TABLE 6 BACK-TO-BACK: CONVERTER TRANSFORMER MARKET SIZE, BY POWER RATING, 2013–2020 (USD MILLION) 52
TABLE 7 BACK-TO-BACK: CONVERTER TRANSFORMER MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 53
TABLE 8 BACK-TO-BACK: CONVERTER TRANSFORMER MARKET SIZE, BY APPLICATION,
2013–2020 (USD MILLION) 53
TABLE 9 501MW-999MW: CONVERTER TRANSFORMER MARKET SIZE, BY TECHNOLOGY, 2013–2020 (USD MILLION) 53
TABLE 10 BIPOLAR: CONVERTER TRANSFORMER MARKET SIZE, BY POWER RATING,
2013–2020 (USD MILLION) 54
TABLE 11 BIPOLAR: CONVERTER TRANSFORMER MARKET SIZE, BY REGION,
2013–2020(USD MILLION) 55
TABLE 12 BIPOLAR: CONVERTER TRANSFORMER MARKET SIZE, BY APPLICATION,
2013–2020 (USD MILLION) 55
TABLE 13 BIPOLAR: CONVERTER TRANSFORMER MARKET SIZE, BY TECHNOLOGY,
2013–2020 (USD MILLION) 55
TABLE 14 MULTI-TERMINAL: CONVERTER TRANSFORMER MARKET SIZE, BY CONFIGURATION, 2013–2020(USD MILLION) 56
TABLE 15 MULTI-TERMINAL: CONVERTER TRANSFORMER MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 57
TABLE 16 MULTI-TERMINAL: CONVERTER TRANSFORMER MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 57
TABLE 17 MULTI-TERMINAL: CONVERTER TRANSFORMER MARKET SIZE, BY TECHNOLOGY, 2013–2020 (USD MILLION) 57
TABLE 18 CONVERTER TRANSFORMER MARKET SIZE, BY POWER RATING,
2013–2020(USD MILLION) 59
TABLE 19 BELOW 500 MW: CONVERTER TRANSFORMER MARKET SIZE, BY CONFIGURATION, 2013–2020 (USD MILLION) 60
TABLE 20 BELOW 500 MW: CONVERTER TRANSFORMER MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 60
TABLE 21 BELOW 500 MW: CONVERTER TRANSFORMER MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 61
TABLE 22 BELOW 500 MW: CONVERTER TRANSFORMER MARKET SIZE, BY TECHNOLOGY, 2013–2020 (USD MILLION) 61
TABLE 23 501 MW – 999 MW: CONVERTER TRANSFORMER MARKET SIZE,
BY CONFIGURATION, 2013–2020 (USD MILLION) 62
TABLE 24 501 MW–999 MW: CONVERTER TRANSFORMER MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 62
TABLE 25 501 MW–999 MW: CONVERTER TRANSFORMER MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 63
TABLE 26 501 MW–999 MW: CONVERTER TRANSFORMER MARKET SIZE, BY TECHNOLOGY, 2013–2020 (USD MILLION) 63
TABLE 27 1000 MW–2000 MW: CONVERTER TRANSFORMER MARKET SIZE,
BY CONFIGURATION, 2013–2020 (USD MILLION) 64
TABLE 28 1000 MW–2000 MW: CONVERTER TRANSFORMER MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 64
TABLE 29 1000 MW–2000 MW: CONVERTER TRANSFORMER MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 65
TABLE 30 1000 MW–2000 MW: CONVERTER TRANSFORMER MARKET SIZE, BY TECHNOLOGY, 2013–2020 (USD MILLION) 65
TABLE 31 ABOVE 2000 MW: CONVERTER TRANSFORMER MARKET SIZE, BY CONFIGURATION, 2013–2020 (USD MILLION) 66
TABLE 32 ABOVE 2000 MW: CONVERTER TRANSFORMER MARKET SIZE, BY REGION,
2013–2020(USD MILLION) 66
TABLE 33 ABOVE 2000 MW: CONVERTER TRANSFORMER MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 67
TABLE 34 ABOVE 2000 MW: CONVERTER TRANSFORMER MARKET SIZE, BY TECHNOLOGY, 2013–2020 (USD MILLION) 67
TABLE 35 CONVERTER TRANSFORMER MARKET SIZE, BY VOLTAGE LEVEL,
2013-2020 (USD MILLION) 69
TABLE 36 UP TO 200 KV: CONVERTER TRANSFORMER MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 70
TABLE 37 201–400 KV: CONVERTER TRANSFORMER MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 70
TABLE 38 401–600 KV: CONVERTER TRANSFORMER MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 71
TABLE 39 601–800 KV: CONVERTER TRANSFORMER MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 71
TABLE 40 CONVERTER TRANSFORMER MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 74
TABLE 41 WINDFARMS: CONVERTER TRANSFORMER MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 75
TABLE 42 WINDFARMS: CONVERTER TRANSFORMER MARKET SIZE, BY CONFIGURATION, 2013-2020 (USD MILLION) 75
TABLE 43 WINDFARMS: CONVERTER TRANSFORMER MARKET SIZE, BY POWER RATING, 2013–2020 (USD MILLION) 76
TABLE 44 OIL & GAS: CONVERTER TRANSFORMER MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 76
TABLE 45 OIL & GAS: CONVERTER TRANSFORMER MARKET SIZE, BY CONFIGURATION,
2013-2020 (USD MILLION) 77
TABLE 46 OIL & GAS: CONVERTER TRANSFORMER MARKET SIZE, BY POWER RATING,
2013–2020 (USD MILLION) 77
TABLE 47 GRID CONNECTIONS: CONVERTER TRANSFORMER MARKET SIZE, BY REGION,
2013-2020 (USD MILLION) 78
TABLE 48 GRID CONNECTIONS: CONVERTER TRANSFORMER MARKET SIZE,
BY CONFIGURATION, 2013-2020 (USD MILLION) 78
TABLE 49 GRID CONNECTIONS: CONVERTER TRANSFORMER MARKET SIZE,
BY POWER RATING, 2012–2019 (USD MILLION) 79
TABLE 50 CONVERTER TRANSFORMER MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 82
TABLE 51 AMERICAS: CONVERTER TRANSFORMER MARKET SIZE, BY CONFIGURATION,
2013-2020 (USD MILLION) 84
TABLE 52 AMERICAS: CONVERTER TRANSFORMER MARKET SIZE, BY VOLTAGE LEVEL,
2013-2020 (USD MILLION) 84
TABLE 53 AMERICAS: CONVERTER TRANSFORMER MARKET SIZE, BY POWER RATING,
2013–2020 (USD MILLION) 84
TABLE 54 AMERICAS: CONVERTER TRANSFORMER MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 85
TABLE 55 AMERICAS: CONVERTER TRANSFORMER MARKET SIZE, BY TECHNOLOGY,
2013–2020 (USD MILLION) 85
TABLE 56 ASIA-PACIFIC: CONVERTER TRANSFORMER MARKET SIZE, BY CONFIGURATION, 2013-2020 (USD MILLION) 87
TABLE 57 ASIA-PACIFIC: CONVERTER TRANSFORMER MARKET SIZE, BY VOLTAGE LEVEL,
2013-2020 (USD MILLION) 87
TABLE 58 ASIA-PACIFIC: CONVERTER TRANSFORMER MARKET SIZE, BY POWER RATING, 2013–2020 (USD MILLION) 88
TABLE 59 ASIA-PACIFIC: CONVERTER TRANSFORMER MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 88
TABLE 60 ASIA-PACIFIC: CONVERTER TRANSFORMER MARKET SIZE, BY TECHNOLOGY,
2013–2020 (USD MILLION) 88
TABLE 61 EUROPE: CONVERTER TRANSFORMER MARKET SIZE, BY CONFIGURATION,
2013-2020 (USD MILLION) 90
TABLE 62 EUROPE: CONVERTER TRANSFORMER MARKET SIZE, BY VOLTAGE LEVEL,
2013-2020 (USD MILLION) 90
TABLE 63 EUROPE: CONVERTER TRANSFORMER MARKET SIZE, BY POWER RATING,
2013–2020 (USD MILLION) 91
TABLE 64 EUROPE: CONVERTER TRANSFORMER MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 91
TABLE 65 EUROPE: CONVERTER TRANSFORMER MARKET SIZE, BY TECHNOLOGY,
2013–2020 (USD MILLION) 91
TABLE 66 CONTRACTS & AGREEMENTS 2011-2015 96
TABLE 67 NEW PRODUCT DEVELOPMENTS 2011-2015 98
TABLE 68 MERGERS & ACQUISITIONS 2011-2015 99
TABLE 69 OTHER DEVELOPMENTS 2011-2015 100
“
“LIST OF FIGURES
FIGURE 1 CONVERTER TRANSFORMER MARKET: RESEARCH METHODOLOGY 16
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY, DESIGNATION, & REGION 19
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 20
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 21
FIGURE 5 MARKET ESTIMATION APPROACH & DATA TRIANGULATION METHODOLOGY 22
FIGURE 6 CONVERTER TRANSFORMERS MARKET SNAPSHOT (2015 VS 2020): TRANSFORMER WITH POWER RATING ABOVE 2000 MW IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 25
FIGURE 7 CONVERTER TRANSFORMER MARKET SHARE, BY CONFIGURATION,
2015-2019 (USD MILLION) 26
FIGURE 8 CONVERTER TRANSFORMER MARKET SIZE, BY APPLICATION,
2015-2020 (USD MILLION) 27
FIGURE 9 GLOBAL CONVERTER TRANSFORMER MARKET SHARE, 2014* 28
FIGURE 10 EMERGING ECONOMIES PRESENT PROMISING MARKETS 29
FIGURE 11 MULTI-TERMINAL CONFIGURATION SEGMENT IS EXPECTED TO GROW AT
THE HIGHEST RATE DURING THE FORECAST PERIOD 30
FIGURE 12 ASIA-PACIFIC IS EXPECTED TO GROW WITH THE HIGHEST CAGR DURING
THE FORECAST PERIOD 31
FIGURE 13 MARKET FOR CONVERTER TRANSFORMERS WITH POWER RATING ABOVE 2000 MW IS EXPECTED TO REMAIN DOMINANT TILL 2020 32
FIGURE 14 INCREASING DEMAND FOR OFFSHORE WINDFARMS TO BOOST THE CONVERTER TRANSFOMER MARKET 33
FIGURE 15 CONVERTER TRANSFORMER MARKET SEGMENTATION 35
FIGURE 16 MARKET SEGMENTATION: BY POWER RATING 36
FIGURE 17 MARKET SEGMENTATION: BY CONFIGURATION 36
FIGURE 18 MARKET SEGMENTATION: BY VOLTAGE LEVEL 36
FIGURE 19 MARKET SEGMENTATION: BY APPLICATION 37
FIGURE 20 MARKET SEGMENTATION: BY REGION 37
FIGURE 21 CONVERTER TRANSFORMER MARKET DYNAMICS 38
FIGURE 22 COMPARISON OF AC AND DC TRANSMISSION COSTS 40
FIGURE 23 WORLD OFFSHORE WIND POWER CAPACITY (MW), 2003-2014 41
FIGURE 24 IMPACT OF MARKET DYNAMICS 43
FIGURE 25 CONVERTER TRANSFORMER MARKET: SUPPLY CHAIN ANALYSIS 44
FIGURE 26 PORTER’S FIVE FORCES ANALYSIS: CONVERTER TRANSFORMER MARKET 45
FIGURE 27 CONVERTER TRANSFORMER MARKET SIZE, BY CONFIGURATION,
2013-2020 (USD MILLION) 49
FIGURE 28 SCHEMATIC DIAGRAM OF MONOPOLAR CONVERTER 50
FIGURE 29 SCHEMATIC FOR BACK-TO-BACK CONVERTER 52
FIGURE 30 SCHEMATIC OF BIPOLAR CONVERTER 54
FIGURE 31 SCHEMATIC DIAGRAM OF MULTI-TERMINAL CONVERTER 56
FIGURE 32 CONVERTER TRANSFORMER MARKET SIZE, BY POWER RATING
2013 – 2020 (USD MILLION) 59
FIGURE 33 CONVERTER TRANSFORMER MARKET SIZE, 2013-2020 (USD MILLION) 69
FIGURE 34 ABOVE 800 KV: CONVERTER TRANSFORMER MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 72
FIGURE 35 CONVERTER TRANSFORMER MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 74
FIGURE 36 REGIONAL SNAPSHOT (2015 – 2020) – ASIA-PACIFIC MARKET SET TO GROW AT
THE FASTEST PACE AMONG OTHER REGIONS 81
FIGURE 37 CONVERTER TRANSFORMER MARKET SIZE, 2013-2020 (USD MILLION) 82
FIGURE 38 1001 – 2000 MW RATED TRANSFORMERS HELD THE LARGEST SHARE IN AMERICAS MARKET 83
FIGURE 39 ABOVE 2000 MW RATED TRANSFORMER HELD THE LARGEST SHARE IN
THE ASIA-PACIFIC MARKET IN 2014 86
FIGURE 40 BIPOLAR CONFIGURATION TRANSFORMERS HELD THE LARGEST SHARE WITHIN
THE EUROPEAN MARKET IN 2014 89
FIGURE 41 COMPANIES ADOPTED VARIOUS GROWTH STRATEGIES IN THE PAST FOUR YEARS, 2011 -2015 93
FIGURE 42 MARKET LEADERS BASED ON THE DEVELOPMENTS 2011-2015 94
FIGURE 43 MARKET EVOLUTION FRAMEWORK: CONTRACTS & AGREEMENTS AND NEW PRODUCT DEVELOPMENT ARE MAJOR STRATEGIES ADOPTED BY KEY PLAYERS 95
FIGURE 44 BATTLE FOR MARKET SHARE: CONTRACTS & AGREEMENTS IS THE KEY STRATEGY ADOPTED BY THE KEY PLAYERS 95
FIGURE 45 REGIONAL REVENUE MIX OF TOP MARKET PLAYERS 101
FIGURE 46 ABB LTD.: COMPANY SNAPSHOT 102
FIGURE 47 ABB LTD.: SWOT ANALYSIS 105
FIGURE 48 GENERAL ELECTRIC: COMPANY SNAPSHOT 106
FIGURE 49 GENERAL ELECTRIC: SWOT ANALYSIS 108
FIGURE 50 SIEMENS AG: COMPANY SNAPSHOT 110
FIGURE 51 SIEMENS AG: SWOT ANALYSIS 112
FIGURE 52 CROMPTON GREAVES: COMPANY SNAPSHOT 113
FIGURE 53 CROMPTON GREAVES LTD.: SWOT ANALYSIS 115
FIGURE 54 BHARAT HEAVY ELECTRICALS LIMITED: COMPANY SNAPSHOT 116
FIGURE 55 TOSHIBA: COMPANY SNAPSHOT 118
FIGURE 56 KIRLOSKAR ELECTRIC COMPANY LIMITED: COMPANY SNAPSHOT 120
“
